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The following accounts and balances were drawn from the records of Barker Company at December 31, Year 2: Supplies $ 650 Beginning retained earnings $

The following accounts and balances were drawn from the records of Barker Company at December 31, Year 2:

Supplies $ 650 Beginning retained earnings $ 19,000
Cash flow from investing act. (6,200 ) Cash flow from financing act. (5,100 )
Prepaid insurance 2,400 Rent expense 2,800
Service revenue 79,000 Dividends 4,900
Other operating expenses 41,000 Cash 10,600
Supplies expense 260 Accounts receivable 19,000
Insurance expense 1,100 Prepaid rent 4,900
Beginning common stock 1,100 Unearned revenue 6,200
Cash flow from operating act. 7,500 Land 37,000
Common stock issued 5,800 Accounts payable 13,510

Required Use the accounts and balances from Barker Company to construct an income statement.

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Use the accounts and balances from Barker Company to construct statement of changes in stockholders equity.

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Use the accounts and balances from Barker Company to construct balance sheet.

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Use the accounts and balances from Barker Company to construct statement of cash flows (show only totals for each activity on the statement of cash flows). (Amounts to be deducted and cash outflows should be indicated with a minus sign.)image text in transcribed

BARKER COMPANY Income Statement For the Year Ended December 31, Year 1 Revenue Total revenue Expenses Total expenses BARKER COMPANY Statement of Changes in Stockholders' Equity For the Year Ended December 31, Year 1 Beginning common stock Ending common stock Beginning retained earnings Ending retained earnings Total stockholders' equity Balance Sheet As of December 31, Year 1 Assets Total assets Liabilities Total liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity BARKER COMPANY Statement of Cash Flows For the Year Ended December 31, Year 1 Cash flow from operating activities Cash flow from investing activities Cash flow from financing activities Net change in cash Ending cash balance

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